Question

In: Economics

Identify and discuss the store's target market and the specific product, price, integrated marketing communications and...

Identify and discuss the store's target market and the specific product, price, integrated marketing communications and distribution decisions the management has made to develop marketing mix.

Solutions

Expert Solution

ANSWER :-

Store's target  market is right now profoundly serious. Losing market  of the pie in any market is a difficulty. Online deals and comfort are a test and just as happenstance. The primary test is to show the speculators sponserors that it can truly grow and endure.

With savage rivalry, there has been continuous disintegration of the customary deals techniques that was available with the clients. In the time of prospering  customers marketing and pricing strategies  clients are getting hard to hold.

Firms in this serious condition must offer something to their clients to hold them and their unwaveringness. In such manner, Customer dedication programs become quintessential. This enhances the firm as far as incomes and increment the brand worth and generosity.

There are diverse dedication programs that organizations send. Offering limits, Loyalty card, reward card, club cards, focuses card, participation designs, all plan to make sure about clients Loyalty towards the company.

PLEASE UPVOTE.


Related Solutions

Discuss a popular national product or service that is using integrated marketing communications effectively. 
Discuss a popular national product or service that is using integrated marketing communications effectively. 
Marketing Communications Choose a product with which you are familiar List the target market, the behavior...
Marketing Communications Choose a product with which you are familiar List the target market, the behavior you would want consumers to do, and the mental steps that may be necessary to move consumers to the behavior. Hint, here are some other mental steps/intervening variables, communication objectives in addition to awareness - knowledge of a benefit, preferring one brand over another
Integrated Marketing Communications How integrated marketing communications can add value for Tesla customers. Considering your new...
Integrated Marketing Communications How integrated marketing communications can add value for Tesla customers. Considering your new target market and any modifications, new product line extensions or new products you may have developed to serve the new target market needs, create your 'Big Idea" to be the basis of the message strategy for all your marketing communications.
Why is integrated marketing communications important to marketers?
Why is integrated marketing communications important to marketers?
Integrated marketing communications (IMC) refers to the careful coordination of all promotional messages for a product...
Integrated marketing communications (IMC) refers to the careful coordination of all promotional messages for a product or a service to ensure the consistency of messages at every contact point at which a company meets the consumer. Find a brand and analyze its IMC strategy. In particular, what communication vehicles does the brand use? To what extent do these communication vehicles speak the same voice?
Describe social media, its use, and how it relates to integrated marketing communications. Discuss the impact...
Describe social media, its use, and how it relates to integrated marketing communications. Discuss the impact of mobile technology on social media.
Integrated marketing communications (IMC) is an important concept for a marketing manager to understand.    Why...
Integrated marketing communications (IMC) is an important concept for a marketing manager to understand.    Why are integrated marketing communication plans so important to marketers? What are the benefits and challenges of implementing an IMC? Identify a primary benefit of advertising online If a company A has come up with the new beverage product known as Akamu for satisfying human thirst. Suggest some of the major advertising decisions which this company can come up with in order to promote Akamu...
What is the meaning of Integrated Marketing Communications (IMC)? Why is there a need for IMC...
What is the meaning of Integrated Marketing Communications (IMC)? Why is there a need for IMC by marketers and how do marketers go about implementing it? Give an example and description of at least three IMC tools.
the five key features that undergird the philosophy and practice of integrated marketing communications (IMC)
the five key features that undergird the philosophy and practice of integrated marketing communications (IMC)
Personal Selling is an important technique used in the integrated marketing communications mix of a company....
Personal Selling is an important technique used in the integrated marketing communications mix of a company. In what areas of skills and knowledge development, a consumer electronic retailer should train its sales people?
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT